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Archived threads in /biz/ - Business & Finance - 6920. page

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Where do you get your financial news?

Do you rate free sources like Reuters or Bloomberg, and free tools like Google Finance, over paying sources and tools?
3 posts and 1 images submitted.
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>>1394142
https://www.armstrongeconomics.com/
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>>1394142
The Jews

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What's up with all the Canadian weed stocks going way up? I wasn't expect much until July next year got closer
4 posts and 1 images submitted.
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what tickers
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>>1394124
OGI and APH specifically, CGC a shit
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>>1394118
It's getting cooked into the price early. Congrats, you got in early enough.

>he shorted ethereum
3 posts and 1 images submitted.
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Not me. I'm up 543% and still holding.
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>>1394039
I shorted Ethereum when it was $20+ and made about 2 grand. I don't know why you're laughing....

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Why is price-fixing prohibited when done by corporations, but OK when unions do it? Isn't it the same concept?
3 posts and 1 images submitted.
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>>1393987
Only responding because this is likely too stupid to be a troll.

It's not the same.
Unions negotiate with said corporations regarding wages and working conditions. I don't think anybody would complain if corporations negotiated with consumers' unions to fix prices for their products either.
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>>1393987

Unions participate in collective bargaining which is different from price fixing. It's the same process any individual worker could do, but just leverages numbers to actually get a result.

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i wanna make some money before college. any of you guys have basic tips on how you invest?
5 posts and 2 images submitted.
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>>1393955
Start contributing to a roth IRA.
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Invest some time into getting a job you lazy faggot.
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>>1393955
I think there are some ideas floating around here, somewhere..

The majority of art students I have met have been very intelligent, and could no doubt do a "real degree" if they where so inclined, So what stops them from doing so and makes them follow a career path with such little reward?
4 posts and 1 images submitted.
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They're doing what they want to do. It's not that complicated.
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>>1393903
no one has told them or showed them often enough that they will make no money. no one has explained to them or impressed upon them what it means to be poor. no one has carefully explained to them that no one gives a fuck what they draw or paint or create visuals of on a canvas or piece of paper.

to make matters worse, to the contrary, they've probably been told to go ahead and pursue whatever their heart desires, or whatever interests them.

what stops them from doing so? ignorance, naivete, misguided encouragement from baby boomer parents. they'll know what it means to live in the real world soon enough when their parents stop putting up with them or their bank-loan paper funny money starts coming due.
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For some people, their career is a means to achieve their goals. For others, their career is their goal.

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How much cash should you have saved up before even considering investing it anywhere (other than the savings account)?
5 posts and 2 images submitted.
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>>1393705
dis gon be gud
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>>1393705
about tree fiddy
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>>1393705

Well most brokerage accts require 500 to start... so 500?

There is literally no point to have a savings acct with interest rates at fucking nothing. At the very least get a boring stock with a decent dividend - or even a bond.

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When is the market correction going to happen?
TVIX is at a major low.
3 posts and 1 images submitted.
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>>1393661
Either when the fed raises interest rates or a new president is elected, neither of which is on the immediate horizon.
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>>1393663
I think we're going to have a small one soon. Haven't you seen the S&P?

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Seriously, how are banks not the ultimate investment?

>leveraged as fuck, while almost always being protected from failure by government
>run by people whose very job it is to make the ultimate high yield investments


In a major bank the RoE should be through the roof. And yet, most banks don't seem to have higher growth or dividends than businesses of any other sector. Could someone explain this?
4 posts and 1 images submitted.
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>>1393654
Because most are just paying out their key employees with huge bonuses and when shit hits the fan that leverage really hurts them. Banks don't really care about their customers or inventories because they have all of the control.
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It takes 20 million to start a bank. When you have that kind of money to toss around you're free to start anything from a factory to major real estate development.

Also you're really not seeing costs there, starting up takes a good chunk of change in the form of licensing, insurance, salaries, and extremely expensive facilities.
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>>1393654
I guess you don't follow the EU markets OP.

European court just ruled that when a bank is nearing insolvency and bankruptcy ALL of its shareholders and creditors (!) can be stripped of their assets before a government is allowed to inject more money into it.

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How long do you hold a stock until you accept your losses/feel it's not going up anytime soon
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I only buy ETFs, so I hold indefinitely
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>>1393596
Depends on a lot of things.
General market direction, presence of dividends, industry relevance, etc.
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>>1393596
Depends on the situation.

"The stock still has the potential of going up in X months, because of X factor, BUT I could make more money if I invest in X right now."

Do what you think is right. If you no longer feel something applys, change your position. If there is still reason to be in X stock, stay.

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In what currency did people pay taxes during the Free Banking Era when everyone could print their own funny money?
4 posts and 1 images submitted.
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Bitcoin
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>>1393526
Trumps
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wives, daughters and fucciboi neets had to suck cocks hence the old expression, "awe noo here comes the tax collector". Most medieval time tax collectors had the herp and all kinds of plague

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help me /biz/! how can I make more money than moot?
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>>1393525
Make like Wesley Snipes and put 2.6 mil on it.

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how does this make you feel
3 posts and 1 images submitted.
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>>1393490
pretty bitter atm tbqh senpai
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>>1393490
Prudent.

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is a paid off house and dividends to cover expenses retirement for you ?
4 posts and 1 images submitted.
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No.
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>>1393506
Seconded. Paid off house should not be a big point in retirement plans, especially with rates this low.
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>>1393483
Thats financial idependance. Id say actual retiremwnt would be enough passive income to cover base expenses and then 2.5x average monthly with outings / hobbies included

Im a simple man but my dream isnt to shitpost on 4chan all day or anything that gaylame

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Is selling books online still profitable /biz/?
pic related, my 152 old bible
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>>1393480
Yes, if you know where to buy.

I personally bought old books for €1 that were worth €10 on eBay and €30 in old book stores.

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